2024: A Year of Transformation and Achievement
As we close out 2024, it’s a moment to reflect on the remarkable growth, resilience, and achievements of our team at SPS. This year showcased the strength of our collective efforts as we rose above challenges and seized new opportunities. Highlights included hosting our first in-person client and prospect event, enhancing data-rich reports, and most notably, partnering with our new parent company, With Intelligence. These milestones underscore our commitment to innovation and excellence.
Let’s take a closer look at the defining moments that made 2024 unforgettable for SPS.
SPS Event – Starchild Rooftop
SPS and With Intelligence: Partnering for a Stronger Future
A major milestone in 2024 was our acquisition by With Intelligence, a leading provider of investment insights for alternative assets. This partnership opens an exciting new chapter for SPS, combining our expertise in deals data alongside With Intelligence’s extensive private markets fund and investor data. Together, we offer a comprehensive 360-degree view of the investment lifecycle—from fundraising and allocation to deal execution—serving investors, fund managers, service providers, and deal professionals.
Nadim Malik, Founder and CEO of SPS, shared: “Joining With Intelligence is a key milestone in our growth. This partnership enables us to share our data with a broader audience, leveraging With Intelligence’s global reach. We’re focused on expanding our European coverage and look forward to working closely with the With Intelligence team to achieve this.”
We’re eager to explore the possibilities ahead and continue delivering exceptional value to our clients in 2025 and beyond.
Unlocking Powerful Perspectives
In 2024, SPS reinforced its dedication to providing unparalleled deal-sourcing insights to private equity investors through four impactful annual reports. These resources have become essential for professionals navigating market trends and the evolving business landscape:
- 2024 PE Harvest Report
- 2024 Deal Sourcing Databook
- 2024 Deal Origination Benchmark Report
- 2024 Sector Dynamics Report
Our tailored reports remain an exclusive benefit for SPS clients, while free annual reports provide valuable industry insights. Stay tuned for fresh releases in 2025.
Throughout the year, we also delivered thought leadership to inspire and inform the PE deal-sourcing community. By delivering thought leadership designed to inspire and inform, we aimed to contribute to a future where information fuels progress. Key contributions included:
- SPS’ Nadim Malik Guests on Podcast The LAB: Value Creation in Private Equity
- The Science of Deal Sourcing 101 – 10th Edition
- Time is Money: Why PE “Time to Close” is Slowing Down and What It Means for Investors
- Mezzanine Market Perspective 2024
The Science of Deal Sourcing 101 – 10th Edition, A Market in Flux
Informing the Industry with Data-Centric Programming
In 2024, we made significant progress in elevating diverse perspectives in deal sourcing through dynamic digital programming. Key achievements included:
- Source Talks Podcast: Eleven new episodes, including our 50th milestone, featuring PE origination leaders sharing insights and strategies. Revisit the standout guests who joined us in 2024 here.
- Webinars: Quarterly sessions brought together leading voices from PE, lender, and advisor firms. A highlight was the co-hosted webinar with Finquest, Finding Hidden Deals in 2024, where Nadim Malik discussed inefficiencies in deal sourcing and highlighted untapped market opportunities.
Our commitment to empowering PE professionals remains unwavering. Explore our webinar series to revisit key market discussions from 2024.
SPS Q4 2024 Deal Sourcing Webinar – Correcting Course: Emerging Opportunities in 2025 Deal Flow
Expanding European Coverage
In 2024, SPS achieved significant advancements in European deal coverage, surpassing 12,000 deals closed. With the help of With Intelligence and their global market presence and expansive client base, SPS’s coverage will only become further developed and expansive.
We also partnered with Bain & Company, contributing insights to Bain’s 2024 Global Private Equity Report. Key trends included record-high uninvested capital, compressed exit channels, and increasing capital concentration among large funds. We look forward to continuing this valuable collaboration.
Product Enhancements for Better Experiences
Our Product Team worked tirelessly in 2024 to develop innovative tools and optimize workflows. Key enhancements included:
- SPS Prism: A suite of tailored insights aligned with clients’ investment strategies, featuring:
- Market Trends Report: Analysis of macro trends based on investment criteria.
- Extensive Market Coverage Report: Customized insights on pipeline data and market presence.
Inspiring Engagement – At Work and In Our Community
Beyond professional achievements, our team prioritized fostering a positive and collaborative work culture. From our new bustling New York City office at With Intelligence to an informative architecture cruise around the city, summer baseball games, and our first in-person event for clients and friends, we cherished the moments that brought us closer together as a team.
SPS July Team Boat Ride – New York City
With gratitude for the opportunities afforded to us, we gave back in 2024 by participating in Bain & Company’s city-wide Service Day, spending a day working on projects to enhance one of our city’s public schools. During the holiday season, we also continued our cherished team tradition of partnering with the OneSimpleWish foundation, sponsoring each employee to fulfill a wish for individuals in the foster care system.
SPS & Bain Service Day
Looking Ahead
As we conclude a transformative year, we’re energized for what’s to come. Being under With Intelligence’s leadership enhances our ability to serve the private equity and M&A industry with innovative deal-sourcing solutions.
We extend heartfelt gratitude to our clients, whose trust fuels our success, and to Bain & Company, our former parent company, for their continued collaboration. Here’s to a future filled with new opportunities and achievements in 2025 and beyond.
